LG Electronics LG announced the signing of a memorandum of understanding MOU with SK Enmove SKEN and Green Revolution Cooling GRC to jointly develop and expand next-generation liquid immersion cooling solutions optimized for artificial intelligence data centers AIDCs.
Under the agreement, the three companies will collaborate to explore new business opportunities, conduct joint marketing and deliver proof of concept PoC demonstrations for integrated solutions and business models in liquid immersion cooling for AIDCs.
SKEN, a leading company in advanced lubricating base oils and premium lubricants, provides next-generation thermal management solutions, including immersion cooling fluids, and is strengthening its global partnerships to foster an immersion cooling ecosystem. In 2022, SKEN became the first company in Korea to develop immersion cooling fluids. Through an equity investment in GRC, SKEN is also leading the way in innovation in the future cooling market, jointly developing data center immersion cooling systems with the company.
